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City Watertown Retirees Will Get a Pension Boost After Council Vote

Summary by Watertown News
This week, the City Council voted to give City retirees an increase in their pension benefits, while maintaining a fully-funded pension system. Retirees typically get an annual cost of living adjustment (COLA) of 3 percent a year, said City Manager George Proakis, but that increase only applies to the first $14,000. On May 13, the […]
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Watertown News broke the news in on Friday, May 16, 2025.
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